FOR IMMEDIATE RELEASE

Another F.W. Woolworth, Maybe!

Detroit, Mi. – July 15, 2002 – In January 2002, Jim McGroarty was at one of those proverbial crossroads in life. Having been the victim of downsizing, he faced the decision of whether to continue working for someone else or to start his own business.

Armed with articles on the explosive growth of the internet and a shrinking retirement savings due the losses in the stock market, Jim McGroarty started Jem Ventures and the Great Electronics Deals website and decided he wanted to become an internet retail giant.

His goal was to build a virtual company. He would handle all the marketing, accounting and order processing from his home - based office, while the order fulfillment and warehousing would be outsourced. This would allow him to maximize time improving the website and minimize his up front capital risk and ongoing overhead expenses.

Upon Building the Great Electronics Deals website Jim decided to start another web site Great Buys On Gifts offering gifts and fine jewelry. He has even bigger plans for the future.

According to Terry Davis “Jim is constantly adding new products to his sites and has big plans for making them successful. I can’t get him away from his computer.”

The internet site is fast loading with areas for Jewelry, Kitchen, Swords & Knives, Leather goods, Glass sculptures, water globes and much more. Customers can order via a state-of-the-art secure shopping cart system.

His synopsis as to why this site is unique? We sell everything below retail and with FREE shipping and handling (Offered in the Continental U.S. only).

Interview Contact: James E McGroarty, Jim
Telephone: 313-537-7456
jim@Jem-Ventures.com

http://www.GreatBuysOnGifts.com

Jem Ventures
Voice 313-537-7456 (USA 011). Fax 313-537-7466

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